NOT LISTED FOR SALE

41 Margarets Ln Highlands, NC 28741

Estimated Value: $1,108,000 - $1,392,000

4 Beds
2 Baths
-- Sq Ft
46,174 Sq Ft Lot

Last Sold October 07, 2019

Last sale price $300,000

Est. 298% increase in value since last sale

Current estimated payment $7,413/month

87 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Workshop
  • Vaulted Ceiling
  • No HOA
  • Ceiling Fan

About This Home

As of October 2019

Looking for a close to town location? This property needs a lot of work and some TLC but the bones are there for a good family cottage. This two level home has a family room centered around a stone wood burning fireplace. A separate dining area is open to the family room which creates a large living area. A large deck opens off of the living area with an open seating area. Big Bear Pen is close to downtown Highlands with its many fine dining restaurants and shopping boutiques. This is a great opportunity to buy property in one o Highlands best neighborhoods and remodel to your own specifications.

Last Agent to Sell the Property

Steve Castellaw

Christie's International Real Estate Highlands-Cashiers Brokerage Phone: 8285268300 Listed on: 05/24/2019

Co-Listed By

Andrea Gabbard

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300

Last Buyer's Agent

Steve Castellaw

Christie's International Real Estate Highlands-Cashiers Brokerage Phone: 8285268300 Listed on: 05/24/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,858

Year Built

  • Built in 1969

Lot Details

  • 1.06 Acre Lot
  • Lot Has A Rolling Slope

Parking

  • 1 Carport Space

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Workshop
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Baseboard Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Big Bear Pen Subdivision

Listing and Financial Details

  • Tax Lot 33,34
  • Assessor Parcel Number 7540833769

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,858

Year Built

Built in 1969

Lot Details

1.06 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.06
  • Co List Office Mls Id: 245
  • Co List Office Phone: 828-526-8300
  • Subdivision Name: Big Bear Pen
  • Directions: From Main Street, take Highway 64 East, and turn right on Chestnut Street. Go through the 4 Way stop and bear to the left at Big Bear Pen. Going up the mountain, you will go through two sharp curves and then a hard right turn. Margaret Lane is on the left and 41 Margaret Lane is the first driveway on the right.
  • Architectural Style: Bungalow
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1969
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Has Basement: Concrete
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Den, Insert, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s), Workshop

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope
  • View: Seasonal View
  • Construction Type: Stone, Wood Siding
  • Foundation Details: Block
  • Other Structures: Guest House, Workshop
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Carport, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park
  • Association: No

Lot Info

  • Lot Size Sq Ft: 46173.6
  • Parcel #: 7540833769
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2858.05
  • Tax Lot: 33,34
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Oct 2, 2019
Sold by
Dietrich Edward and Leathers Joanna
Bought by
Maison Margaret Llc
Seller's Agent
Steve Castellaw
Christie's International Real Estate Highlands-Cashiers
Buyer's Agent
Steve Castellaw
Christie's International Real Estate Highlands-Cashiers
List Price
$345,000
Sold Price
$300,000
Premium/Discount to List
-$45,000
-13.04%
Current Estimated Value
$1,195,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$895,164
Avg. Annual Appreciation
23.90%

Purchase Details

Closed on
Nov 16, 1994
Sold by
Dietrich Edward P and Dietrich Emily
Bought by
Dietrich, Edward Jr Trustee
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maison Margaret Llc $300,000 None Available
Dietrich, Edward Jr Trustee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2019 10/07/19 Sold $300,000 -13.0% --
09/13/2019 09/13/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $345,000 -- --
Source: Highlands-Cashiers Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $933,990 $350,000 $583,990
2024 -- $933,990 $350,000 $583,990
2023 $4,572 $933,990 $350,000 $583,990
2022 $4,572 $761,080 $350,000 $411,080
2021 $3,700 $612,430 $350,000 $262,430
2020 $3,115 $535,810 $350,000 $185,810
2018 $2,858 $527,500 $349,440 $178,060
2017 $0 $527,500 $349,440 $178,060
2016 $2,858 $527,500 $349,440 $178,060
2015 $2,835 $527,500 $349,440 $178,060
2014 $3,065 $683,430 $441,290 $242,140
2013 -- $683,430 $441,290 $242,140
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Steve Castellaw

    Christie's International Real Estate Highlands-Cashiers

    (404) 281-3474

    45 in this area

    51 Total Sales

    Steve Castellaw
    Section Image

  • A

    Seller Co-Listing Agent in 2019

    Andrea Gabbard

    Highlands Sotheby's International Realty - DT

    (828) 200-6742

    58 in this area

    89 Total Sales

    Andrea Gabbard
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 91251

APN: 7540833769

North Carolina Macon County Highlands 28741

41 Margarets Ln, Highlands, NC

Not Listed for Sale

Detached

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